Q&A
After signing the “Gold Risk Disclosure Statement”, investors are able to utilize their existing security trading accounts to trade gold. The trading records are listed on TDCC(Taiwan Depository & Clearing Corporation) passbooks.
- The same:
- Gold are all with a purity of 99.99%.
- The physical gold is allowed to withdraw and is not allowed to put back.
- The main difference:
- Both trading unit and quoting unit of Gold Trading Platform are 1 Taiwan Mace (3.75 grams).Both trading and quoting unit of Gold Passbook of bank are 1 gram.
- Settlement period of Gold Trading Platform is T+2 (market regular) or T (RTGS; specially on bilateral agreement). Settlement day of Bank Gold Passbook is trading day.
For details of contents, please refer to the overview and introduction.